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In breakdown, the central government collected 1.54 trillion yuan and the local governments collected 1.79 trillion yuan, an increase of 11.1 percent and 12.4 percent respectively.

In fact, music availability does affect where Chinese fans choose to stream or buy music products and services.

In computer technology, Huawei ranked No 4.

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In addition, the municipal government will study the possibility of designating a cross-border digital trade service zone in Shanghai to allow qualified overseas companies to provide value-added services in this area.

In fact, the monetary authorities have already been fine-tuning policies, and structural reforms like income tax overhaul might be on the way, he said.

In another statement, the Treasury designated six other individuals in Libya-related sanctions.

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In breakdown, yuan-denominated loans to the real economy increased by 12.33 trillion yuan, up 2.31 trillion yuan from a year ago, and net financing via corporate bonds saw stellar growth of 1.76 trillion yuan to 3.33 trillion yuan, according to the People's Bank of China.

In an update of the Asian Development Outlook (ADO) 2017, its flagship annual economic publication, ADB said better-than-expected external demand, proactive fiscal policy and strong domestic consumption have combined to drive up China's growth.

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In addition, the total number of people employed in rural tourism in China reached 8.86 million by the end of June, an increase of 7.6 percent year-on-year.

In an interview with China Daily, Victor Gao, chair professor at Soochow University, said the step to adopt the law helps "to enhance the principle of 'one country, two systems'", which has proved its success since it was implemented in Hong Kong and then in Macao, he said.